Thu, Aug 21 2008, 7:00 AM
Initial claims for unemployment benefits in the
United States dropped back slightly to 432k in the week ending Aug. 16,
coming down 13k from the pr...
Thu, Aug 21 2008, 7:00 AM
Markets are currently pricing in the following probabilities for
future interest rate moves as of the close on Wednesday:
FED- OIS Implied Rates ...
Thu, Aug 21 2008, 7:00 AM
Following the early-morning release of Canadian CPI, markets will now
turn their attention to the release of U.S. initial and continuing
jobless cl...
Wed, Aug 20 2008, 7:00 AM
Commercial real estate prices continued falling in
June, according to the Moody's/REAL Commercial Property Price Indices
(CPPI), which recorded a 3...
Wed, Aug 20 2008, 7:00 AM
Mortgage interest rates for the week ended August 14
as reported from data collected by Freddie Mac from its Primary Mortgage
Market Survey drifted...
Wed, Aug 20 2008, 7:00 AM
Federal Reserve Bank of Minneapolis President Gary Stern said
Wednesday that now is not an "appropriate time" to close
government-sponsored Enterpr...
Wed, Aug 20 2008, 7:00 AM
While the U.S is currently in the midst of the largest bout of home
foreclosures in at least 30 years, at least one economist says
two more 'waves'...
Wed, Aug 20 2008, 7:00 AM
Canadian retail sales followed by the U.S. Department of Energy's
weekly oil inventories will hold the focus of Wednesday's news releases
on what is...
Wed, Aug 20 2008, 7:00 AM
A leading indicator for the U.S. commercial real estate
market continued decelerating for the fourth consecutive quarter
on Wednesday, according t...
Tue, Aug 19 2008, 7:00 AM
U.S. housing starts fell in July, but came in above
expectations at 965k, representing a month-over-month decrease of 11.0%,
according to data rel...
Tue, Aug 19 2008, 7:00 AM
Last week former Federal Reserve Chairman Alan
Greenspan
strongl
y criticize...
Tue, Aug 19 2008, 7:00 AM
The Federal Reserve must be prepared to take action
and curb inflation if slowing growth doesn't moderate prices as expected,
said the most hawkis...
Tue, Aug 19 2008, 7:00 AM
The release of U.S. producer price index along with
housing starts and building permits for July tops news
today. Markets will also be paying at...
Tue, Aug 19 2008, 7:00 AM
Despite coming in slightly higher than was expected, housing starts
still slid 11% to 965k in July, though economists say the drop is
misleading g...
Tue, Aug 19 2008, 7:00 AM
U.S. government-backed mortgage finance company Freddie Mac
caused ripples through the debt market on Tuesday after weak
results in a $3 billion, ...
Tue, Aug 19 2008, 7:00 AM
The weakening economy is a major negative factor for the Republicans
and presents candidate John McCain with an uphill battle
for the Oval Office,...
Tue, Aug 19 2008, 7:00 AM
Speaking in an interview with Bloomberg TV, Richmond Federal Reserve
President Jeffrey Lacker (non-voter) said the Fed should
not wait too long fo...
Tue, Aug 19 2008, 7:00 AM
The U.S. Department of Labor's seasonally adjusted core measure of
producer price inflation grew well beyond expectations
with a 0.7% month-over-m...
Mon, Aug 18 2008, 7:00 AM
It seems hard to believe, but there appears to be yet one more thing
for which we can blame the mortgage crisis . And this is
not a financial probl...
Mon, Aug 18 2008, 7:00 AM
U.S. house prices still have room to fall, according
to a report on real estate trends issued by Scotiabank economists.
The report notes that wh...
Mon, Aug 18 2008, 7:00 AM
A report from Wells Fargo and the National Association of Home
Builders (NAHB) suggests that homebuilders remained at record-
gloomy levels in Augu...
Mon, Aug 18 2008, 7:00 AM
The week kicks off with two Statistics Canada reports, one on
securities transactions and another on travel between Canada and other
countries. Mean...
Fri, Aug 15 2008, 7:00 AM
Greenspan said that he expects housing prices to begin to
stabilize in the first half of 2009 although they could continue
to drift lower for quit...
Fri, Aug 15 2008, 7:00 AM
The preliminary consumer sentiment survey from
Reuters & the University of Michigan improved half a point to 61.7,
following the previous month's ...
Fri, Aug 15 2008, 7:00 AM
Economists say the unexpected boost in the Fed's industrial
production report doesn't change the overall trend in the
economy, which is clearly on...
Fri, Aug 15 2008, 7:00 AM
The downside risks to growth have recently risen and the economy is
expected to be "extremely sluggish" in 2008, according to one Fed
official on Fr...
Fri, Aug 15 2008, 7:00 AM
The Fed fund futures market expectations of a rate
hike continue to diminish after today's modest rise in the
University of Michigan's consumer se...
Thu, Aug 14 2008, 7:00 AM
Ignoring a higher CPI report, U.S. fixed income markets took worse-
than-expected jobless claims figures at face value on
Thursday, with bonds incr...
Thu, Aug 14 2008, 7:00 AM
The seasonally adjusted Consumer Price Index rose
more than expected on both fronts, as the core rate ticked up 0.3%
(0.327%) in July, contributin...
Thu, Aug 14 2008, 7:00 AM
Prices of homes in the United States fell by an
average of 7.6% in the second quarter of 2008, compared to the previous
year, as 115 of the 150 met...
Thu, Aug 14 2008, 7:00 AM
U.S. home foreclosures jumped by 55% from the
previous month's year-over-year results, according to RealtyTrac's July
2008 U.S. Foreclosure Market...
Thu, Aug 14 2008, 7:00 AM
The current economic turmoil is comparable to the early
1990s , which can be a valuable guide to understanding what's
next as the U.S. economy seek...
Wed, Aug 13 2008, 7:00 AM
Weekly mortgage applications in the United States
fell in the week ending Aug. 8, according to data released from the
Mortgage Bankers Association ...
Wed, Aug 13 2008, 7:00 AM
US advance retail sales data along with business inventories will
dominate the agenda on Wednesday. In light of falling energy prices, DOE
crude inv...
Wed, Aug 13 2008, 7:00 AM
Mortgage interest rates remained flat during the week
ended August 7 according to the weekly Primary Mortgage Market Survey
released by Freddie Mac...
Tue, Aug 12 2008, 7:00 AM
Economists say the unexpected narrowing in the June trade deficit was
helped by continued strength in the export market , which
should give second-...
Tue, Aug 12 2008, 7:00 AM
Speaking in an interview with CNBC, Minneapolis Federal Reserve
President Gary Stern (voter) said the outlook on core
and headline inflation has i...
Tue, Aug 12 2008, 7:00 AM
Trade data will the highlight of the day for both the U.S. and
Canadian economies. The U.S. trade balance will be the subject of
scrutiny as the def...
Tue, Aug 12 2008, 7:00 AM
The U.S. monthly trade deficit unexpectedly shrank in
June to $56.8 billion, a much narrower deficit than the -$62.0 billion
balance expected by m...
Tue, Aug 12 2008, 7:00 AM
Another round of major world central bank decisions
are out of the way, yet rates are still where they were at prior to the
decisions. However, ma...
Tue, Aug 12 2008, 7:00 AM
Markets are currently pricing in the following probabilities for
future interest rate moves as of the close on Monday:
FED - OIS Implied Rates
...
Tue, Aug 12 2008, 7:00 AM
Five years ago I moved from Boston to Southeast Georgia and was
immediately plunged into shoppers� hell. Not only was there no Costco (70
miles to t...
Tue, Aug 12 2008, 7:00 AM
U.S. home values fell by nearly 10% in the second quarter of 2008,
causing one in four home sales over the past year to be at a loss,
according to a...
Tue, Aug 12 2008, 7:00 AM
According the Dow Jones, Freddie Mac has announced that they will
no longer be purchasing subprime mortgages secured by
properties in the state of...
Mon, Aug 11 2008, 7:00 AM
Speaking in an interview with NBC on Saturday, U.S. Treasury Secretary
Henry Paulson said government had no plans to inject capital into
Government...
Mon, Aug 11 2008, 7:00 AM
U.S. banks are expecting tighter credit conditions throughout the
first half of 2009, according to the Federal Reserve's July
Senior Loan Officer O...
Mon, Aug 11 2008, 7:00 AM
The Fed's Senior Officer Loans Survey the highlight
of the U.S. on Monday. Canadian markets will be paying attention to the
releases of housing s...
Sun, Aug 10 2008, 7:00 AM
The U.S. economy will continue to struggle between slowing growth and
rising inflation. According to economists and strategists, markets will
focus ...
Fri, Aug 8 2008, 7:00 AM
The U.S. dollar index is at its highest levels since
February, gaining over a point on sheer greenback strength on Friday.
Even after the releas...
Fri, Aug 8 2008, 7:00 AM
The Canadian employment report will highlight Friday's economic
releases as U.S. markets receive a first look at second-quarter nonfarm
productivity...
